WW EQUESTRIAN COACHING: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
WW EQUESTRIAN COACHING
Largest movements
- Cash -€18,235
down €18,235 (-28.0%), from €65,208 to €46,973
mainly Tax, wage and social debts (-€15,239) and Stocks and contracts (-€10,236)
- Stocks and contracts +€10,236
up €10,236 (+59.2%), from €17,289 to €27,525
- Receivables within one year +€2,821
up €2,821 (+11.9%), from €23,776 to €26,597
of which Trade receivables: +€3,589
- Tax, wage and social debts -€15,239
down €15,239 (-70.1%), from €21,739 to €6,499
- Profit (loss) carried forward +€11,951
up €11,951 (+18.9%), from €63,344 to €75,295
- Trade debts -€4,110
down €4,110 (-56.5%), from €7,268 to €3,158
- Gross operating margin -€33,846
down €33,846 (-59.5%), from €56,881 to €23,035
- Taxes -€6,150
down €6,150 (-56.2%), from €10,950 to €4,799
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,939 | €103,485 | -€6,454 | -5.9% |
| Fixed assets | 21/28 | €511 | €0 | -€511 | -100.0% |
| Tangible fixed assets | 22/27 | €511 | €0 | -€511 | -100.0% |
| Furniture and vehicles | 24 | €511 | €0 | -€511 | -100.0% |
| Current assets | 29/58 | €109,428 | €103,485 | -€5,943 | -5.4% |
| Stocks and contracts in progress | 3 | €17,289 | €27,525 | +€10,236 | +59.2% |
| Stocks | 30/36 | €17,289 | €27,525 | +€10,236 | +59.2% |
| Amounts receivable within one year | 40/41 | €23,776 | €26,597 | +€2,821 | +11.9% |
| Trade receivables | 40 | €23,008 | €26,597 | +€3,589 | +15.6% |
| Other amounts receivable | 41 | €768 | €0 | -€768 | -100.0% |
| Cash at bank and in hand | 54/58 | €65,208 | €46,973 | -€18,235 | -28.0% |
| Deferred charges and accrued income | 490/1 | €3,156 | €2,390 | -€766 | -24.3% |
| Total equity and liabilities | 10/49 | €109,939 | €103,485 | -€6,454 | -5.9% |
| Equity | 10/15 | €66,344 | €78,295 | +€11,951 | +18.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,344 | €75,295 | +€11,951 | +18.9% |
| Amounts payable | 17/49 | €43,595 | €25,190 | -€18,405 | -42.2% |
| Amounts payable within one year | 42/48 | €43,595 | €25,008 | -€18,587 | -42.6% |
| Financial debts | 43 | €981 | €673 | -€308 | -31.4% |
| Credit institutions | 430/8 | €981 | €673 | -€308 | -31.4% |
| Trade debts | 44 | €7,268 | €3,158 | -€4,110 | -56.5% |
| Suppliers | 440/4 | €7,268 | €3,158 | -€4,110 | -56.5% |
| Advances received on contracts in progress | 46 | - | €100 | +€100 | |
| Taxes, remuneration and social security | 45 | €21,739 | €6,499 | -€15,239 | -70.1% |
| Taxes | 450/3 | €21,739 | €6,499 | -€15,239 | -70.1% |
| Other amounts payable | 47/48 | €13,607 | €14,578 | +€970 | +7.1% |
| Accrued charges and deferred income | 492/3 | - | €182 | +€182 | |
| Non-recurring operating income | 76A | €21,000 | €0 | -€21,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €512 | €511 | -€1 | -0.3% |
| Other operating charges | 640/8 | €1,315 | €1,502 | +€188 | +14.3% |
| Gross operating margin | 9900 | €56,881 | €23,035 | -€33,846 | -59.5% |
| Operating profit (loss) | 9901 | €55,054 | €21,022 | -€34,032 | -61.8% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100.0% |
| Financial charges | 65/66B | €2,998 | €3,438 | +€440 | +14.7% |
| Recurring financial charges | 65 | €2,998 | €3,438 | +€440 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €52,058 | €17,584 | -€34,475 | -66.2% |
| Income taxes | 67/77 | €10,950 | €4,799 | -€6,150 | -56.2% |
| Profit (loss) for the period | 9904 | €41,109 | €12,784 | -€28,325 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,109 | €12,784 | -€28,325 | -68.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.